I commute from NJ to NYC every day. When I get out at Penn Station and walk up to Sixth Ave, the entire city block of 33rd street is a homeless encampment. Been there for a couple of years now. Body after body of drug addicts and alcholics sleeping in a row under a pile of blankets. Garbage, shopping carts, dirty old suit cases line the block. Great first impression for people coming from out of state. That block used to be somewhat prominent. You have the side entrance of the Pennsylvania Hotel, the Manhattan Mall, a popular gym and a couple of fast food places on that same block. The block is covered by scaffolding. It’s truly surreal. Wish it was Giuliani time again cause it’s only going to get worse.
92 million adults are no longer in the work force. Now we can see where some of them are.